Online work

[Joga771]

Work going private lessons online and I get compensation via online platforms like zelle, cashapp. How do I properly report that?

[SharonD007]

You will report this self-employment income on ‌Schedule C of your tax return. The IRS considers self-employment income as a business, so you will also be able to deduct common business expenses from your income. To enter you business and self-employment income, follow the steps below:

1. Open TurboTax
2. Select Wages & Income
3. Select Self-Employment Income and Expenses
4. TurboTax will guide you through the interview screens to help you enter your income.

Review the TurboTax articles Reporting Self-Employment Business Income and Deductions for more information on business deductions.  For additional information, review What self-employed expenses can I deduct? and How do I report income from self-employment?